Haas Baking Co., based in St. Louis, Mo., recently closed after 87 years in business as a supplier of frozen bakery to the vending and foodservice industry. The company had more than 50 employees, noted Joseph Haas, president and son of the founder.
Haas told VendingMarketWatch he is in the process of liquidating the company’s assets. He said the business became unsustainable due to rising costs and declining sales.
